A senior company executive said the company waited for seven years for the verdict and its shareholders needed to know when it would be concluded.
The results of the assembly elections in Gujarat and Himachal Pradesh are also likely to play out during the start of the session.
The women's reservation bill is back in focus ahead of Parliament's winter session, with several opposition parties, including the Janata Dal-United, which had once opposed the move, demanding that it be introduced and passed in this session.
Indeed, Prime Minister Narendra Modi, who as Gujarat chief minister was considered close to certain business groups and industrialists, has hardly been seen with any Indian business head.
In his second term in office, UP Chief Minister Yogi Adityanath has retained 34 portfolios.
The EC is believed to have told the Governor that Soren should be 'disqualified' as a legislator for violating electoral norms, they said.
Rao said he has given a notice against Naqvi for allegedly allowing BJP members to troop into the Well of Rajya Sabha to stall proceedings.
As the Lok Sabha debates a no-confidence motion brought against the Narendra Modi government by the opposition, the 28th such motion to be admitted in the Lower House, data compiled by a think tank shows all previous ones have either been defeated or remained inconclusive.
The government on Tuesday asserted in Lok Sabha that it was ready to discuss issues related to farmers both inside and outside Parliament amid vociferous protests by the Opposition which forced repeated adjournments of both the Houses.
'I fight for anyone who is poor, marginalised or victimised.' 'If a Dalit factory owner is inflicting atrocities on his Brahmin worker, then I will fight for the poor Brahmin.'
Allowing 12-hour shifts for all and night-time work for women was meant to benefit software firms, but is said to have clinched Foxconn's Rs 80 billion investment.
The income-tax department has detected "unaccounted" transactions and investments worth more than Rs 100 crore after it raided two Jharkhand Congress MLAs, their alleged associates and linked coal and iron ore businesses across the state last week.
'There were two options before the government -- create a complex, cumbersome law, which will cause a tremendous amount of compliance challenges for startups or say let's go back and do a clean slate, where we do a framework of laws and policies'
The United Progressive Alliance government's confidence about getting legislative business done in the monsoon session of Parliament, beginning August 5, might be misplaced.
Dubbed as "Jobs Governor", Haley turned South Carolina's economy around during her tenure as governor and transforming the state into a manufacturing powerhouse. She cut taxes, repealed burdensome regulations, and turned South Carolina into "the Beast of the Southeast". Under her leadership, figures note, the state's unemployment rate hit a 15-year low, and when she left office, South Carolina was at full employment.
Lamenting that lot of time has been wasted in the last two to three Parliament sessions, Prime Minister Manmohan Singh on Saturday asked the opposition to cooperate in the passage of the legislative business including the "most important" ordinance on Food security bill.
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Indian companies are keenly waiting for reforms on rules related to land acquisition, labour, coal and power sector, and foreign direct investment in insurance sector.
Provisions in the Central GST Act say reduction in GST rates or the benefit of ITC must be passed on to consumers.
Veteran Rashtriya Janata Dal leader Awadh Bihari Chaudhary was on Friday unanimously elected as speaker of the Bihar legislative assembly.
The Aam Aadmi Party government is unlikely to table the anti-graft Jan Lokpal Bill on the first day of the assembly session beginning on Thursday.
The central government is looking to strengthen the boards of public sector banks (PSBs) by specifying terms of office and conditions of service for whole-time directors, and also seeking disclosures from all directors about interests in other companies. Through the Banking Laws Amendment Bill, the government is likely to introduce conditions for disqualification of whole-time and independent directors which are not specified in the current legislation. The Centre is seeking to introduce fresh changes that are aimed at strengthening the boards of PSBs, and holding their directors accountable, an official said.
The Congress on Sunday gave a call to party leaders in poll-bound states to work with unity to ensure victory that will 'set the tone' for 2024 Lok Sabha polls even as it showed willingness to forge an alliance of 'like-minded' parties.
No confidence motions have been moved in the Lok Sabha 27 times in the past, and all of them have either been defeated or remained inconclusive, data compiled by a think tank shows.
The apex court was hearing a petition seeking directions to the authorities to ensure adequate security at hospitals and medical centres to prevent attacks on doctors and healthcare workers by relatives of patients and others.
Stating that the ruling coalition is ready to face any situation, Congress leader and minister Banna Gupta requested the governor to clear the confusion.
Gangmei in his appeal said the HAC "was a necessary and proper party and the proceedings before the high court were vitiated on account of not making the HAC a party".
'...helping the government, citizens, and companies get the balance right.' 'As great as technology is, these are societal questions, not just technical ones.'
A private member resolution seeking that the government implement the recommendations of the Sachar Committee report and other reports that have discussed the educational and social backwardness of Muslims and enact a legislation for the prevention of atrocities against minorities was moved in the Rajya Sabha on Friday.
Parliament and state legislative assembly are regarded as 'sacred places' and there can be no place for disorderly conduct in the House, where members are expected to show statesmanship and 'not brinkmanship,' the Supreme Court said on Friday.
The bench declared as unconstitutional, Part II of the TN Gaming & Police Laws (Amendment) Act, 2021, which banned betting or wagering in cyberspace and also games of skill if played for a wager, bet, money or other stakes.
The Union Budget for 2017 is likely to be presented on February 1. An approval for merging the Railway Budget with the General Budget was accorded by Finance Minister Arun Jaitley on Monday.
Vodafone further said it has "always been confident" that no tax is due on the company. The government in August enacted a law to end all retrospective taxation imposed on indirect transfer of Indian assets. The rules under the law seek to withdraw tax demands made using a 2012 retrospective legislation to tax the indirect transfer of Indian assets and also refund the amount paid in these cases without any interest. Asked if the company has filed an application with the Indian government to settle the retrospective tax dispute, a Vodafone spokesperson said, "We can confirm we have filed an application".
A person availing the services of a bank for 'commercial purpose' is not a consumer under the Consumer Protection Act, the Supreme Court has said. The apex court stated that to come within the ambit of the consumer, a person will have to establish that the services were availed exclusively for earning his livelihood by means of self employment. A bench of Justices L Nageswara Rao and B R Gavai said there cannot be any straitjacket formula and such a question will have to be decided in the facts of each case, depending upon the evidence placed on record.
The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.
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Moving quickly towards ending a retrospective tax dispute with a firm that gave India its largest oilfield, the government has accepted Cairn Energy PLC's undertakings which would allow for the refund of taxes, sources said. Meeting the requirements of the new legislation that scraps levy of retrospective taxation, the company had earlier this month given required undertakings indemnifying the Indian government against future claims as well as agreeing to drop any legal proceedings anywhere in the world. The government has now accepted this and issued Cairn a so-called Form-II, committing to refund the tax collected to enforce the retrospective tax demand, two sources with direct knowledge of the development said.
The Supreme Court on Thursday set aside a Punjab and Haryana high court order granting an interim stay on a Haryana law providing 75 per cent quota in private sector jobs for residents of the state.
As many as 81 legislations have been lined up by the United Progressive Alliance government for the Winter Session of Parliament beginning on Thursday. However, with only 23 working days till the Lok Sabha winds up on December 21, the fate of several such legislations remains doubtful.The government will also push for the passage of six of the ten Bills pending in the Lok Sabha and 13 of the 36 Bills pending in the Rajya Sabha.
Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved.
According to sources, Kavitha was to be made to sit face-to-face with Hyderabad-based businessman Arun Ramchandra Pillai, who was arrested in connection with the liquor policy case on Monday night.
Maintaining that the letter of resignation was not written in accordance with the rules of conduct of business in the assembly, Banerjee said it did not have any mention of the date from which the legislator wanted to vacate his seat.
